Paul Tiburzi spoke boldly about the future of the Preakness in his first address as chairman of the Greater Baltimore Committee at the organization's annual meeting Monday night. The Greater Baltimore Committee has always been known for accomplishing "big things," Tiburzi said. Clarence Miles, the first chairman, helped bring the Orioles to Baltimore and Jim Rouse developed Harborplace. One of Tiburzi's top goals is to keep the Preakness in Baltimore. (Balt. Bus. Journal)

Ravens will reduce concession prices at M&T Bank Stadium ahead of 2018 season

In the latest move to try to improve a fraying relationship with their fan base, the Ravens announced Tuesday that they will lower the concession prices at M&T Bank Stadium ahead of the 2018 season. Team president Dick Cass will reveal the specific plans for the price reductions on food and drinks at a news conference Thursday at the downtown stadium. The decision was foreshadowed by owner Steve Bisciotti at the State of the Ravens news conference in February. Bisciotti acknowledged that the Ravens would take a “hard look” at reducing concession prices. (Balt. Sun)

Ageless wonder Lukas knows that getting record-tying 7th Preakness win this year is long shot

Ever since he came to Pimlico Race Course with Codex in 1980 for his first Preakness as a largely unknown trainer of thoroughbreds, D. Wayne Lukas has followed a similar routine at the Preakness. In the years when he gets to Baltimore early in the week, Lukas will sit at the end of the stakes barn and scout out the competition. Not only his fellow trainers, but the horses themselves. It’s one of the many things Lukas loves about the second jewel of horse racing’s Triple Crown, which he has won six times. (Balt. Sun)

May 15 // Supreme Court clears way for sports betting and Maryland casinos want in

The Supreme Court cleared the way Monday for an anticipated boom in legalized sports betting across the nation — an outcome sought by Maryland’s largest casinos, seeking a share of a multi-billion dollar market. The justices, in a 6-3 vote, struck down a federal law that has prevented New Jersey, which brought the case, and most other states from offering wagering on sports at their race tracks and casinos. The court’s decision allows states to decide whether to permit sports betting, a move in Maryland that would require a state constitutional amendment with ratification by voters in a general election. (Balt. Sun)

Maryland's plan to control health costs gets federal approval

The federal government has approved a plan Maryland has been testing for the past four years to control health costs by shifting more care out of hospitals and better coordinating care with doctors, nursing homes and community groups, state officials announced Monday. The Centers for Medicare and Medicaid Services has been closely watching the state’s pilot program, first implemented in 2014, as a possible model for other states. (Balt. Sun)

Report: Horse racing adds $500M to Maryland's economy

With the Preakness Stakes on the horizon this weekend, a newly-released report says horse racing in Maryland contributes more than $500 million to the state's economy. Overall, the local horse industry — which also encompasses recreational activities and competitions — has an economic impact of $1.3 billion and supports more than 21,000 jobs, according to the report, which was assembled by the American Horse Council. (Balt. Bus. Journal)

Dean & DeLuca not opening in downtown Bethesda

Dean & DeLuca will not open in downtown Bethesda, Bethesda Magazine reported Friday. The gourmet grocer is “pausing our market expansion,” a spokesperson for the grocer told Bethesda Mag. That includes the much-anticipated store at 4749 Bethesda Ave., adjacent to JBG Smith Properties’ new headquarters building at 4747 Bethesda Ave. Work had stopped on the Bethesda location late last year, reportedly pushing the opening from late 2017 to 2019, although at the time some media outlets had already reported that the grocer was pumping the brakes on its expansion. (Wash. Bus. Journal)

Nationstar Mortgage agrees to return of inspection fees in $1 million settlement with Maryland

Nationstar Mortgage LLC, the nation’s largest non-bank servicer of home mortgages, has agreed to refund or reverse more than $1 million in inspection fees, settling allegations by Maryland officials it illegally charged homeowners. Maryland Attorney General Brian E. Frosh announced Nationstar’s settlement Monday with his Consumer Protection Division and the Commissioner of Financial Regulation. Nationstar arranged for property inspections to protect the interests of mortgage lenders when homeowners were in default on their payments, Frosh said. It passed on the inspection fees to homeowners until January 2014 for forward loans and until February 2016 for reverse mortgages, he said. (Balt. Sun)